Bitcoin halving cycle separation percentage from 120 day SMA

23 באוק׳ 2020

Looking at the last 2016 halving/bull market cycle several times BTC separated from the 120 day SMA by ~40% +/- 10% and then came back to test with the exception of the last event which tested the 50 day and then went on to separate 60% percent in the blow off top.